NVS.JSE Novus Holdings Ltd
- Market cap
- ZAC 1.71B
- P/E
- 711.8x
- P/B
- 68.09x
- ROE
- 10.6%
- Dividend yield
- 10.19%
- Fundamental score
- 3.4/5
Ratios use the latest price and the fiscal year ending Mar 2026.
Is NVS.JSE undervalued?
Graham numberThe Graham number of Novus Holdings Ltd cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Novus Holdings Ltd fundamental analysis
16 of 22 checks passedROE 1/2
Moderate return on equity (10.6%), between 10% and 20%.
ROA 1/1
Return on assets (6.8%) is above the industry median (3.0%).
Profit Consistency 2/2
Profitable for 5 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 0/1
Last year's EPS growth (-26.1%) is below the industry median (0.3%).
Revenue Growth 1/2
Revenue grew 9.5% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (15.1%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 6.0x against interest expense, well covered.
PE vs Market 1/1
PE (7.1x) is below the market median (9.1x).
PE vs Industry 1/1
PE (7.1x) is below the industry median (13.2x).
PBV 1/1
Price to book (0.7x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 4.8, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (9.2%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 65.4%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Novus Holdings Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Novus Holdings Ltd
Novus Holdings Limited engages in the printing production and manufacturing operations in South Africa. The company operates through Print, Education, Packing, and Other segments. The Print segment engages in printing of books, magazines, retail inserts, and newspapers for fast-moving consumer goods (FMCG) sector. The Education segment develops educational content for various institutions, including government and private colleges. The Packaging segment produces flexible pac…
Full company profileNovus Holdings Ltd financial statements
Novus Holdings Ltd annual financial statements (ZAR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 4.27B | 4.31B | 4.33B | 4.11B | 2.84B | 3.01B | 3.20B | 3.96B | 4.22B | 4.19B |
| Gross Profit | 1.06B | 1.13B | 944M | 768M | 540M | 734M | 600M | 1.14B | 1.33B | 1.25B |
| Operating Income | 394M | 142M | 277M | -395M | -27.4M | 161M | 83.6M | 382M | 422M | 357M |
| EBITDA | 615M | 319M | 419M | -253M | 105M | 239M | 217M | 659M | 791M | 561M |
| Net Income | 257M | 70.4M | 172M | -344M | -24.0M | 92.8M | 60.6M | 242M | 348M | 266M |
| EPS | 0.80 | 0.22 | 0.56 | -1.20 | -0.08 | 0.30 | 0.19 | 0.76 | 1.03 | 0.76 |
| Balance Sheet | ||||||||||
| Total Assets | 3.60B | 3.77B | 3.72B | 2.94B | 2.74B | 2.60B | 3.40B | 3.30B | 4.00B | 3.92B |
| Total Liabilities | 717M | 983M | 1.05B | 659M | 536M | 507M | 1.18B | 1.05B | 1.57B | 1.36B |
| Shareholders' Equity | 2.88B | 2.79B | 2.67B | 2.28B | 2.21B | 2.10B | 2.17B | 2.21B | 2.41B | 2.51B |
| Cash & Short-term Investments | 230M | 244M | 121M | 178M | 443M | 568M | 392M | 887M | 833M | 1.05B |
| Total Debt | 83.3M | 151M | 274M | 146M | 118M | 32.1M | 515M | 427M | 458M | 379M |
| Cash Flow | ||||||||||
| Operating Cash Flow | 475M | 509M | 149M | 377M | 335M | 238M | 81.6M | 873M | 496M | 625M |
| Capital Expenditure | 252M | 140M | 107M | 80.7M | 33.5M | 25.5M | 49.3M | 109M | 62.1M | 121M |
| Free Cash Flow | 223M | 369M | 42.1M | 296M | 302M | 213M | 32.4M | 765M | 434M | 505M |
| Ratios | ||||||||||
| ROE | 8.9% | 2.5% | 6.4% | -15.1% | -1.1% | 4.4% | 2.8% | 10.9% | 14.4% | 10.6% |
| ROA | 7.1% | 1.9% | 4.6% | -11.7% | -0.9% | 3.6% | 1.8% | 7.3% | 8.7% | 6.8% |
| Net Profit Margin | 6.0% | 1.6% | 4.0% | -8.4% | -0.8% | 3.1% | 1.9% | 6.1% | 8.2% | 6.3% |
| Debt to Equity | 0.03x | 0.05x | 0.10x | 0.06x | 0.05x | 0.02x | 0.24x | 0.19x | 0.19x | 0.15x |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Novus Holdings Ltd dividends
- Dividend yield
- 10.19%
- Forward dividend
- 0.55 ZAC
- Payout ratio
- 65.4%
- Ex-dividend date
- Jul 1, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | ZAR 174M | 0.50 | 65.4% |
| 2025 | ZAR 157M | 0.46 | 45.1% |
| 2024 | ZAR 156M | 0.49 | 64.3% |
| 2023 | - | - | - |
| 2022 | ZAC 203M | 0.67 | 219.2% |
| 2021 | ZAC 203M | 0.71 | - |
| 2020 | ZAC 86.3M | 0.30 | - |
| 2019 | ZAC 161M | 0.53 | 93.7% |
| 2018 | ZAC 179M | 0.56 | 254.1% |
| 2017 | ZAR 224M | 0.70 | 87.1% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 122.7273:100 on Sep 8, 2021.
Who owns Novus Holdings Ltd
- Insiders 37.02%
- Institutions 52.38%
- Public & others 10.60%
- Shares outstanding 317M
- Free float 180M
Novus Holdings Ltd company profile
- Company name
- Novus Holdings Ltd
- Ticker
- NVS.JSE
- ISIN
- ZAE000202149
- Exchange
- Johannesburg Exchange
- Sector
- Industrials
- Industry
- Commercial Services & Supplies
- Fiscal year end
- March
- Address
- 10 Freedom Way, Cape Town, South Africa, 7441
- Phone
- 27 21 550 2500
- Website
- novus.holdings
About Novus Holdings Ltd
Novus Holdings Limited engages in the printing production and manufacturing operations in South Africa. The company operates through Print, Education, Packing, and Other segments. The Print segment engages in printing of books, magazines, retail inserts, and newspapers for fast-moving consumer goods (FMCG) sector. The Education segment develops educational content for various institutions, including government and private colleges. The Packaging segment produces flexible packaging products and prints flexible labels to beverage, petrochemical, and FMCG markets. The Other segment engages in the non-print/packaging and non-educational related transaction businesses; and provision of jumbo tissue wadding, which is used to produce household and consumer products, such as toilet paper, facial tissue, kitchen towels, and serviettes. Novus Holdings Limited was founded in 1905 and is based in Cape Town, South Africa.
Novus Holdings Ltd management
6- Mr. André Van der Veen A.C.M.A., B.Com (Hons), B.Compt., C.A., C.F.A., CACEO & Director · born 1971
- Ms. Kim JuliesCFO & Executive Director
- Ms. Keshree AlwarCEO of Maskew Miller Learning Proprietary Limited & Executive Director · born 1986
- Cornel VermeulenChief Operations Officer
- Mr. Ralph RuthfordGroup Executive of Human Resources
- Mr. Trevor DaviesExecutive Head of ITB